[DC Council] Student Loan Repayment Assistance Program Application

COUNCIL OF THE DISTRICT OF COLUMBIA

OFFICE OF THE SECRETARY

Student Loan Repayment Assistance Program

Application deadline is September 1, 2023

Beginning October 1, 2023, the program is available to Council employees who meet the following criteria:

1. Must have completed and received an undergraduate or graduate degree from a nationally accredited college or university;

2. Must have at least one year of consecutive full-time service with the Council by October 1, 2023; employees serving under a time-limited appointment or in a part-time status are ineligible for participation in the program;

3. Must maintain employment with the Council during the entire fiscal year to receive the bi-weekly payments; separation from the Council will terminate participation in the program and the receipt of the program payments;

4. Employees with federal and private loans are eligible provided that the private loan must be in the employee’s name and is/was for the educational attainment of the employee (Parent loans and loans for dependents are ineligible);

5. Must be in good repayment standing. Must provide proof of previous 12 consecutive months payment history including the required repayment amount.

For loan deferment or forbearance, with payments scheduled to resume on or after September 1, 2023, please provide proof of deferment or forbearance. If your forbearance or deferment is pursuant to the federal program, and you do not have statements or any other proof of deferment or forbearance please contact Nyasha Smith. SLRAP benefits will commence at the expiration of the deferment or forbearance.

Recent graduates currently in a grace period with payments beginning on or after October 1, 2023, must provide lender documentation of expected monthly repayment amount. SLRAP benefits will commence at the expiration of the grace period;

6. Must provide all information requested in the application form;

7. Must provide quarterly proof of payment records; and

8. This benefit will be included as income and may impact an employee’s taxes.

Add to Calendar

Sep 01

SLRAP DEADLINE Location: WDC
When: 12:15 AM - 5:30 PM

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PeopleSoft Employee ID#:

Length of Council Service

1 - 3 years

3 - 5 years

5 - 8 years

8 - 10 years

> 10 years

College(s) or University(ies) attended (Copies of official school transcripts must be sent directly to HR. Existing Program participants please enter N/A):

Graduation Date (Existing Program participants please enter N/A):

Degree(s) attained (Existing Program participants please enter N/A):

Total dollar amount owed and monthly payment amount (combined federal and private student loans):

Total amount owed *

Total monthly payment *

Name on Federal Student Loan:

Name on Private Student Loan:

Proof of previous 12 month payment history has been provided. See program information above for more information.

Yes

You may upload transcripts or loan statements here.

Click Here to Upload

Employee Certifications:

I hereby apply to receive assistance from the Council of the District of Columbia for the purpose of repaying student loans. As proof of this debt, I have attached a statement received within the last 30 days.

I hereby verify that this represents debt incurred for my personal education and not that of another.

I understand that the payment amounts will be taxable for Federal, State, OASDI and Medicare as applicable.

I agree to notify the Human Resources Division of any change in student loan indebtedness or eligibility for assistance from other entities.

I understand that Parent Plus loans are ineligible for this program and I hereby certify that my loan balance(s) does not include Parent Plus loans.

I understand that any violations of the program rules will result in immediate revocation of the benefit and prevent future participation in the program.

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First Name

Last Name

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I agree to electronically sign and to create a legally binding contract between the other party and myself, or the entity I am authorized to represent.

For Human Resources Use Only:

Employee Hire Date:

Employee Status

Full Time

Part Time

For Council Secretary Use Only:

By signing below, I certify that I have reviewed this application for the Student Loan Repayment Assistance Program and the employee meets all eligibility requirements and has provided the requested proof of graduation from an accredited university or college and proof of current loan repayment history.

Council Secretary Signature: